This bill amends Section 321.52 of the Iowa Code to clarify the conditions under which a vehicle recycler can acquire certain vehicles without a certificate of title or junking certificate. Specifically, it allows the owner of a motor vehicle that is 12 model years old or older to dispose of the vehicle to a licensed vehicle recycler for scrap or junk, provided the vehicle is acquired for reasonable consideration of less than $1,000. The bill introduces a requirement that the vehicle recycler must verify that there is no lienholder with a security interest in the vehicle before acquisition.

Additionally, the bill establishes that any violation of these provisions will be classified as a simple misdemeanor, carrying a scheduled fine of $135. This change aims to ensure that vehicle recyclers operate within legal parameters while facilitating the disposal of older vehicles without the need for a title or junking certificate.

Statutes affected:
Introduced: 321.52